Understanding the Market | REPT BATTERO rose over 5% in the morning, with strong trends in power batteries in August; the company's domestic and overseas production capacity will be released in an orderly manner
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REPT BATTERO's stock price rose more than 5% in the morning, reaching HKD 13.26, with a transaction volume of HKD 126 million. The power battery market performed strongly in August, with production increasing by 45% year-on-year. Industrial Securities pointed out that the company's production base in Indonesia has cost advantages, which is expected to bring incremental profits. The company's battery shipment volume doubled, profit indicators improved, and future performance is expected to continue to be positive
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